Property summary
This exceptional 2.4-acre commercial land parcel presents a unique investment opportunity in Pontiac, Michigan. Located at 500 University Drive, at the intersection of MLK Boulevard and University Drive, this property boasts a highly desirable C-1 zoning designation, opening doors to a wide range of commercial development possibilities. The strategic location offers unparalleled visibility and accessibility, situated directly adjacent to a White Castle restaurant and conveniently positioned alongside the on-ramp to M-59. Furthermore, its proximity to major transportation arteries, including I-75 (one mile away) and a half-mile distance to an Amazon distribution center, ensures significant traffic flow and potential for high customer volume. The property's Assessed Parcel Number (APN) is 14-28-230-019. This prime location, combined with its substantial size and advantageous zoning, makes this land a compelling investment for developers seeking high-impact commercial projects in a thriving area. The asking price for this exceptional property is $650,000. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
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- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning